Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elk Valley area can be challenging. Home prices in Elk Valley are now at a median cost of $87,380, lower than the Tennessee average of $218,916.
The average cost of rent is $649/mo in Elk Valley, primarily driven by the current value of real estate in the Elk Valley area. While nearly 66.93% of residents own their homes outright in Elk Valley, 6.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Valley is $4,783 per month. Households that rent pay about 13.56% of their income on rent here. Elk Valley's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Stinking Creek, TN: equally priced homes
- Newcomb, TN: higher priced homes
- Stanfield, TN: higher priced homes
- Ivydell, TN: less expensive homes
- Jellico, TN: higher priced homes
- Pioneer, TN: equally priced homes
- Terry Creek, TN: higher priced homes
- Cotula, TN: less expensive homes
- Duff, TN: less expensive homes
- Lafollette, TN: higher priced homes
Cities with Similar Populations
- Wilbur, WV: equally priced homes
- Dentville, MS: higher priced homes
- Denney, KY: less expensive homes
- Dell, MT: higher priced homes
- Delina, TN: higher priced homes
- DeLancey, PA: higher priced homes
- Deerton, MI: higher priced homes
- Deckers Point, PA: higher priced homes
- Dean, LA: less expensive homes
- Davisville, AL: less expensive homes
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